Dimensional Fund Advisors LP Sells 30,404 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Dimensional Fund Advisors LP lowered its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,975,443 shares of the semiconductor company's stock after selling 30,404 shares during the quarter. Dimensional Fund Advisors LP owned 6.72% of Alpha and Omega Semiconductor worth $73,151,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Alpha and Omega Semiconductor by 42.5% in the third quarter. JPMorgan Chase & Co. now owns 36,608 shares of the semiconductor company's stock valued at $1,359,000 after purchasing an additional 10,921 shares in the last quarter. Barclays PLC boosted its stake in shares of Alpha and Omega Semiconductor by 367.4% during the 3rd quarter. Barclays PLC now owns 40,359 shares of the semiconductor company's stock worth $1,498,000 after buying an additional 31,725 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of Alpha and Omega Semiconductor by 276.8% in the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 548 shares in the last quarter. Empowered Funds LLC increased its position in shares of Alpha and Omega Semiconductor by 5.0% in the fourth quarter. Empowered Funds LLC now owns 42,303 shares of the semiconductor company's stock valued at $1,566,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in Alpha and Omega Semiconductor by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 2,411,632 shares of the semiconductor company's stock worth $89,303,000 after acquiring an additional 14,070 shares in the last quarter. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Price Performance

NASDAQ:AOSL traded down $0.60 during trading hours on Tuesday, reaching $19.69. 25,263 shares of the company were exchanged, compared to its average volume of 502,480. The business has a 50 day moving average of $22.97 and a 200 day moving average of $32.40. Alpha and Omega Semiconductor Limited has a 1-year low of $15.90 and a 1-year high of $53.29. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50. The company has a market capitalization of $579.18 million, a P/E ratio of -24.60 and a beta of 2.02.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. Research analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

Wall Street Analysts Forecast Growth

AOSL has been the topic of several recent analyst reports. Stifel Nicolaus lowered their price target on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating on the stock in a research report on Thursday, April 17th. StockNews.com downgraded shares of Alpha and Omega Semiconductor from a "hold" rating to a "sell" rating in a report on Saturday. Finally, Benchmark upped their target price on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a "buy" rating in a report on Thursday, February 6th.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.